What's on Your Mind?
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You’ve just finished a strenuous hike to the top of a mountain. You’re exhausted but elated. The view of the city below is gorgeous, and you want to capture the moment on camera. But it’s already quite dark, and you’re not sure you’ll get a good shot. Fortunately, your phone has an AI-powered night mode that can take stunning photos even after sunset. Here’s something you might not know: That night mode may have been trained on synthetic nighttime images, computer-generated scenes that were never actually photographed. As artificial intelligence researchers exhaust the supply of real data on the web and in digitized archives, they are increasingly turning to synth…
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It took the Equinox Group—the parent company of luxury gym chain Equinox, Equinox hotels, and Soulcycle—around five years to recover from COVID. But the company has recovered, claiming that 2025 will be a record year from a profitability perspective. This year, it announced big plans for expansion. Harvey Spevak, executive chairman and managing partner of Equinox Group, tells us about the company’s plan to open 40 clubs in new markets, its expansion into the Middle East, and the real reason it ditched Kiehl’s for Grown Alchemist. In the next couple of years, Equinox plans to open 40 new clubs. What is driving this growth? We’ve always been a high growth …
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Strategy textbooks taught us that sustainable competitive advantage that commanded premium prices was best protected by powerful barriers to entry. Build a moat, create switching costs, leverage access to high costs of entry, own distribution channels, and it would be difficult for startups to compete for your markets. But the forces of disruption operate by different rules, systematically destroying the very foundations of pricing power by making the previously difficult and expensive suddenly easy and cheap. The basis of competition changes, from excellence along well understood dimensions of merit to “good enough.” The ‘good enough’ revolution in pricing I have …
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Here’s the thing about Wellington boots: They’re great when it’s raining, because they keep your toes dry and toasty. But when the rain stops, you feel a little silly stomping around in heavy rubber boots. But what if your rain boots looked like any other fashion-forward boot you’d be comfortable wearing rain or shine? What if they looked like, say, a classic pair of Dr. Martens? I have good news. Dr. Martens has designed a rain boot that mimics one of its most iconic designs, the 1460 eight-hole lace-up boot, which first came to market in 1960. It has a lot of the hallmarks of a Dr. Martens boot, like the heel tab for easy pull-on, the grooved sole, and even the…
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Microsoft is the latest tech giant to announce its new return-to-work (RTO) mandate. The first phase of the mandate is set to start in February 2026, requiring Seattle-area employees living within a 50 miles radius of a Microsoft office will need to be in office at least three days a week. Over the next year, the company expects the same from the rest of its U.S. and international employees. Microsoft was one of the last big companies to offer their workforce flexibility. Competitors like Google, Meta, Amazon, Zoom, and AT&T have all announced their own unique policies requiring workers to be in the office. These are all innovative, technology-led companie…
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“Your new boss didn’t even offer you a glass of water?” my mother had questioned me in disbelief. “After how many interviews? You should not take that job. I am telling you not to take that job.” I had received a call from a recruiter to interview with one of the biggest beauty brands in the world. This was my chance to catapult my career into a company that didn’t often have job openings at my level, but didn’t have the best Glassdoor reviews. And I didn’t have time to ask too many questions. The recruiter had given me 48 hours notice to come in and do interviews. I had shared with my mother I did close to a dozen in person interviews, 30 minutes each, back to back. …
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As startups race to keep up with advances in artificial intelligence, some of them seem to be borrowing from China’s exacting work culture—which normalized a 72-hour workweek, or a “996” schedule of working six days a week from 9 a.m. to 9 p.m. While the 996 parlance and laser focus on AI may be new, hustle culture has always been embedded in Silicon Valley to some degree. Some business leaders, perhaps most famously Elon Musk, have long demanded those hours from their employees: “There are way easier places to work, but nobody ever changed the world on 40 hours a week,” he once said of the “hardcore” work ethic promoted at his companies. Now that culture seems …
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Instead of teens simply putting down their phones to take a break, TikTok wants them to use the app’s new breathing exercises and affirmation journal to improve their well-being. Over the past couple of years, a growing number of legislators have been proposing or enacting laws to restrict or limit minors’ access to social media apps in order to protect children’s and teens’ mental health. TikTok has other ideas on how to boost well-being—without ever leaving the app. This week, it launched a Time and Well-Being space within users’ account settings, replacing the existing screen-time management page. New features in the space include an affirmation journal …
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The modern workplace runs on a dangerous myth: that constant motion equals maximum productivity. We’ve built entire corporate cultures around this fallacy, glorifying the “always on” mentality while our teams quietly unravel. The result? A burnout crisis that’s costing companies billions in turnover, absenteeism, and lost innovation. But here’s what the data—and our own exhausted bodies—are trying to tell us: emotional recovery isn’t a luxury. It’s the most strategic investment a leader can make. The Real Cost of Running on Empty Burnout isn’t just about feeling tired. It’s a systematic depletion that manifests as cynicism, detachment, and plummeting profession…
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Google has 44 data centers in operation or in development around the world, but as demand for AI and the need for compute capacity grows, the company is already getting started on three more. This latest batch is destined for Texas, where Google already has a pair of data centers in operation just south of Dallas. One of the new centers will be located outside of Amarillo in Armstrong County, with the other two headed to Haskell County, about three and a half hours west of Dallas. The $40 billion investment in the Lone Star State will help the company build additional infrastructure for its cloud and AI units. The company expects the centers to be operational by t…
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With little more than a coat of paint, buildings could soon make the air around them cooler and harvest gallons of water directly from the atmosphere. Researchers at the University of Sydney in Australia have created a nanoengineered polymer coating that passively cools building surfaces while enabling them to collect water like dew-coated leaves. It’s a material solution that could help combat rising heat and water insecurity in places all over the world. The white coating, a porous paint-like material, reflects up to 97% of sunlight and radiates heat, making surfaces up to 10 degrees cooler than the surrounding air, even under direct sun. This cooler condition a…
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Before Wicked opened on Broadway in October 2003, the musical’s production team took the show to the Curran Theatre in San Francisco for what’s called an “out of town tryout.” The five-week run allowed the producers, writers, and director to work out the kinks ahead of the show’s Broadway debut. During the San Francisco run, University of Southern California film student Jon M. Chu happened to be home for the weekend visiting his parents, who owned a Chinese restaurant called Chef Chu’s in Los Altos, California, just outside Silicon Valley. Chu was the youngest of five children growing up in a family that spent their free time playing instruments or going to the balle…
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The controversy over Apple removing ICE tracking apps from its App Store isn’t over. The Electronic Frontier Foundation (EFF), a digital rights group, has filed suit to compel the Department of Justice and Department of Homeland Security to release documentation of their communications with Apple and other tech platforms that led to the app removals. It began in October when Apple first removed an app called ICEBlock, which allows users to report Immigration and Customs Enforcement (ICE) activity in their area. Attorney General Pam Bondi took credit for the takedown, telling reporters, “We reached out to Apple today demanding they remove the ICEBlock app from th…
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The gap between the release of the movie musicals Wicked: Part I and Wicked: For Good feels like the longest intermission ever. Eager fans had to wait a year before seeing the story’s conclusion, which premieres November 21. The creative team behind Wicked claims to have tried to condense the plot down to just one film, but an overabundance of material led to the decision to split it into two. Financial considerations also likely came into play as two films will make more money than one. As fans celebrate Wicked: For Good’s release week, let’s get you up to speed on everything you need to know, including projected box-office figures. Who’s in the movie? Sin…
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Last week, the Financial Times reported that Apple CEO Tim Cook may step down next year. This news seemed to have little impact on Apple’s stock price, but it certainly sparked conversations among Apple fans and armchair tech pundits. Some people have long criticized Cook as a bean counter and “ops guy,” believing he was not the right person to helm the 21st century’s leading consumer technology company, especially one previously guided by a product visionary like Steve Jobs. Many of these same people are now hoping that Apple’s next CEO will be Apple’s current senior vice president of hardware engineering, John Ternus. They see Ternus as a “product guy” like Jobs. Or…
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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Being a life sciences CEO is not for the faint of heart. Drug discovery and patent approvals are costly and time-consuming, and even if an executive can steer a company to clinical trials, there’s a very small chance the product will be commercialized. One study says that 90% of clinical dr…
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It’s official: DOGE, the The President administration’s “Department of Government Efficiency,” has met an early end. Even before The President took office, DOGE was conceived of as an outside advisory board that would recommend government reforms and find $500 billion in annual spending to cut. The day after The President was inaugurated, the department was officially founded, with Elon Musk—CEO of Tesla and the world’s richest man—at its helm. Within the first 100 days of The President’s second term, DOGE played a central role in cutting hundreds of thousands of jobs, nixing funds to foreign food aid and medical research, overhauling longtime government cy…
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Below, Ben Rein shares five key insights from his new book, Why Brains Need Friends: The Neuroscience of Social Connection. Ben is an award-winning neuroscientist who has spent a decade studying the biology of social interaction. He is the chief science officer of the Mind Science Foundation, an adjunct lecturer at Stanford University, and a clinical assistant professor at SUNY Buffalo. He also teaches neuroscience to an audience of more than 1 million social media followers. What’s the big idea? Loneliness is a problem. Many of us feel this, and all of us are seeing it affect society. But why is isolation so harmful? Why are virtual interactions a poor substit…
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In his new book Ding Dong: How Ring Went from Shark Tank Reject to Everyone’s Front Door, Ring founder Jamie Siminoff pulls back the curtain on the chaotic, often absurd reality of building one of the most recognizable consumer tech brands of the last decade. The following excerpt captures one of the book’s most pivotal moments: the high-stakes, borderline-reckless gamble to secure the name “Ring.com,” a decision that nearly emptied the company’s bank account, tested the patience of his investors, and set the stage for a brand that would soon reshape home security. eBay.com. Half.com. Cars.com. Shop.com. Toys.com. And yes, Nest.com. So many great four-letter domain na…
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If you’ve chosen a target asset allocation—the mix of stocks, bonds, and cash in your portfolio— you’re probably ahead of many investors. But unless you’re investing in a set-and-forget investment option like a target-date fund, your portfolio’s asset mix will shift as the market fluctuates. In a bull market you might get more equity exposure than you planned, or the reverse if the market declines. Rebalancing involves selling assets that have appreciated the most and using the proceeds to shore up assets that have lagged. This brings your portfolio’s asset mix back into balance and enforces the discipline of selling high/buying low. Rebalancing doesn’t necessarily im…
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In recent weeks, OpenAI has faced seven lawsuits alleging that ChatGPT contributed to suicides or mental health breakdowns. In a recent conversation at the Innovation@Brown Showcase, Brown University’s Ellie Pavlick, director of a new institute dedicated to exploring AI and mental health, and Soraya Darabi of VC firm TMV, an early investor in mental health AI startups, discussed the controversial relationship between AI and mental health. Pavlick and Darabi weigh the pros and cons of applying AI to emotional well-being, from chatbot therapy to AI friends and romantic partners. This is an abridged transcript of an interview from Rapid Response, hosted by the former ed…
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Boeing and NASA have agreed to keep astronauts off the company’s next Starliner flight and instead perform a trial run with cargo to prove its safety. Monday’s announcement comes eight months after the first and only Starliner crew returned to Earth aboard SpaceX after a prolonged mission. Although NASA test pilots Butch Wilmore and Suni Williams managed to dock Starliner to the International Space Station in 2024, the capsule had so many problems that NASA ordered it to come back empty, leaving the astronauts stuck there for more than nine months. Engineers have since been poring over the thruster and other issues that plagued the Starliner capsule. Its next carg…
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In a packed room at a library in downtown Boston, Rep. Ayanna Pressley posed a blunt question: Why are Black women, who have some of the highest labor force participation rates in the country, now seeing their unemployment rise faster than most other groups? The replies Monday from policymakers, academics, business owners, and community organizers laid out how economic headwinds facing Black women may indicate a troubling shift for the economy at large. The unemployment rate for Black women increased from 6.7% to 7.5% between August and September this year, the most recent month for available data because of the federal government shutdown. That compares with …
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If you ask New Yorkers on the street what they think about the giant, controversial print ad campaign in the NYC subway system, their initial response might be, “Which one?” In the past two months alone, not one, but two ad campaigns fitting that description have appeared on the subway. The first debuted in late September, when Friend, an AI company billed as a portable “companion,” ran a $1 million print campaign featuring a variety of servile messages like, “I’ll never leave dirty dishes in the sink.” The campaign received massive criticism, to the point that the MTA was forced to continuously remove Friend’s vandalized ads. In an interview with Fast Company, Frien…
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Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose 0.2% in September from the previous month, the Commerce Department said Tuesday, in a report delayed more than a month because of the government shutdown. Sales jumped 0.6% in July and August and 1% in June. Numerous reports on inflation, employment, spending, and growth remain delayed and the government won’t likely be caught up until late December. The retail sales figures, which aren’t adjusted for inflation, suggest that Americans pulled back on spending in September as many households struggled wit…
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